As sports card and memorabilia prices skyrocketed in 2020, many items considered expensive suddenly became unattainable. In September 2020, the sports fractional platform Collectable debuted with a 1953 Topps Mickey Mantle PSA 10. Collectable fractionalized the iconic card into 40,000 shares at $25 per share. For just $25, sports card investors could say they owned a piece – … [Read more...] about Fractional Shares Platforms, Too, Have Largely Suffered in Market Downturn
Rally
Notes: Mint Clemente Rookie Brings $1M; Rally’s Vintage Investors are Youngish; 1/1 Tua Pulled
One of the 11 1955 Topps Roberto Clemente rookie cards graded PSA 9 sold for $1,000,050 late Thursday night. The card was one of the headliners in PWCC’s September Premier Auction. The price nearly matched the record for a PSA 9 was set in March of 2021 when Goldin sold the same card for $1.1 million. Also sold Thursday night: *2003 Exquisite Collection Number … [Read more...] about Notes: Mint Clemente Rookie Brings $1M; Rally’s Vintage Investors are Youngish; 1/1 Tua Pulled
Million Dollar Pele: Soccer Rookie Card Sets New Record
It wasn’t that long ago that you would have drawn a blank stare when referencing the 1958 Alifabolaget soccer card set. It’s still probably a safe bet to say it’s still a shoulder shrugger for most collectors. After the latest news, though, both the set and soccer cards in general are getting a lot of exposure. The rare European set holds the rookie card of … [Read more...] about Million Dollar Pele: Soccer Rookie Card Sets New Record
Notes: Rare Brady RC to Fractional; Ice Bowl Ticket a Hot One; Record for LaMelo; 1910s Michigan Book Find
Unless you’re an avid collector of high-end Tom Brady cards, here’s one you may have never seen. Copies of the 2000 Upper Deck SPx Spectrum numbered to just 25 rarely surfaces. Now, one of the best copies of the rare issue is coming to fractional ownership. One of five copies graded BGS 9.5, this one will be offered to Collectable users for $10 per share on Thursday. … [Read more...] about Notes: Rare Brady RC to Fractional; Ice Bowl Ticket a Hot One; Record for LaMelo; 1910s Michigan Book Find
Notes: Found in Shoebox, Kobe-LeBron Card Nets $312,000
It sat in a shoebox for years but over the weekend, one of the 50 copies of the 2008 Topps Chrome Gold Refractor Kobe Bryant--the card that shows him being guarded intensely by LeBron James--sold for a whopper of a price. The card was brought to last summer's National Sports Collectors Convention by a collector who had opened packs just stuck them away. He … [Read more...] about Notes: Found in Shoebox, Kobe-LeBron Card Nets $312,000
Rally Adds $15 Million in Funding; Aims for Wider Exposure
Fractional shares platform Rally has picked up $15 million in new funding from a wide-ranging group of investors that includes some with strong ties to sports. Wheelhouse, the company launched in 2018 by Pawn Stars founder Brent Montgomery and late night talk show host Jimmy Kimmel, is at the heart of the new investment. Montgomery is also helping produce the new sports … [Read more...] about Rally Adds $15 Million in Funding; Aims for Wider Exposure
Fractional Flashes: Rally Gets $17 Million; Collectable to Offer $100K Jordan
Rally, one of the fractional ownership platforms for pricey sports cards and memorabilia, has just received a $17 million cash injection from investors. According to Tech Crunch, Reddit co-founder Alexis Ohanian is one of those who have pumped cash into Rally, which has nearly 200,000 users who use an app to buy shares of ownership in things like classic sports cars and … [Read more...] about Fractional Flashes: Rally Gets $17 Million; Collectable to Offer $100K Jordan
Collectable Launches Platform for Fractionalized Ownership Of Cards, Memorabilia
For collectors who have big dreams of owning an expensive sports card or piece of memorabilia but have a small wallet, fractional ownership is aiming to scratch that itch. The latest entry into the market and the first to be devoted only to sports, Collectable resembles the stock market, allowing investors to buy shares of high-end sports cards and memorabilia. The … [Read more...] about Collectable Launches Platform for Fractionalized Ownership Of Cards, Memorabilia
Topps Partners with Rally for Exclusive 2020 Baseball Factory Sets Offering
Rally has offered collectors the chance to buy shares in expensive automobiles, rare baseball cards and sports memorabilia. Some collectors own a piece of a T206 Wagner, while others have a stake in game-used items or valuable modern cards. Now, the New York-based mobile platform is partnering with Topps for its next project. Topps is creating 12 2020 baseball factory sets, … [Read more...] about Topps Partners with Rally for Exclusive 2020 Baseball Factory Sets Offering